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To: GP Kavanaugh who wrote (122445)5/5/1999 1:54:00 PM
From: edamo  Respond to of 176387
 
gp...you have packed a good bit of wisdom in your years....

let me pose a question to you and all others, would appreciate comments...how many "investors" are "investors by default"...whose first contact with the market was via a tax deferred situation such as ira, keough, 401alphabet, etal...in most cases not totally funded by the "investor"....and as the market exploded upward they got "bit" by the bug of "invincibility"...branched out on their own, broke personal piggy banks, tried, even successfully to day trade....using similar "buy-sell" computer programs...sort of like an orchestrated dance....never understanding the basic concept of investing which was,is and will always be "owning a part of the company in which you buy shares"....would an entrepeneur sell his company, started with blood sweat and tears, at a price below what he believes is true value to one who knows less than he, but claims your business is failing???..........just a point to ponder, while the market has taken the scent of euphoria from the nostrils of the "investor".....